Africa Construction Market is Expected to Reach USD 239.99 Billion by 2030

Surge in infrastructure projects in the region is driving the Africa construction market growth during the forecast period.

The Africa Construction Market size was valued at USD 219.66 billion in 2024, and is predicted to reach USD 232.08 billion by the end of 2025. The industry is predicted to reach USD 239.99 billion by the end of 2030, at a CAGR of 0.7% from 2025 to 2030, according to new research by Next Move Strategy Consulting.

The African region, including Nigeria, Kenya, and Ghana, is experiencing a rapid increase in infrastructure projects aimed at expanding markets. In Nigeria, investments are significantly enhancing growth within the sector.

According to the African Development Bank, infrastructure investments in Nigeria reached USD 1.44 billion in 2024, focusing on energy and power, transport, water, and sanitation. The energy sector and road transport represent key areas of progress, with initiatives such as the Rural Access Agricultural Marketing Project Scale Up receiving USD 600 million, comprising USD 500 million from the World Bank and USD 100 million from the Nigerian government, to improve rural road networks.

Africa holds a large share of renewable energy potential, with ongoing developments in solar, wind, and geothermal energy, including Kenya’s Lake Turkana Wind Power Project. These advancements establish Africa as a central region for infrastructure-driven growth and sustainable development.

However, regulatory complexities present a major challenge in the construction market across Africa. Infrastructure projects encounter delays due to the complex framework of government regulations and permitting requirements. These projects must comply with multiple approvals from local, regional, and national authorities.

Regulatory demands include adherence to zoning laws, environmental reviews, building codes, safety standards, and various other mandates. Extended timelines for obtaining permits, bureaucratic inefficiencies, and regulatory differences across jurisdictions significantly delay project execution and increase costs.

Additionally, shifts in policies or regulatory frameworks disrupt ongoing developments and discourage future investments.

On the other hand, digital transformation in the construction sector is accelerating, supported by the widespread implementation of Building Information Modeling (BIM), which serves as a major driver of industry growth.

BIM enables stakeholders to design, manage, and simulate infrastructure digitally, improving project precision, reducing mistakes, and enhancing coordination among teams. This technology plays a vital role in increasing productivity, preventing delays, and optimizing the use of resources.

A notable development in this area is the release of Allplan 2024-1 by ALLPLAN in April 2024, which enhances BIM functionality and cloud-based project workflows. The combination of BIM with advanced technologies such as artificial intelligence, the Internet of Things, and cloud computing supports real-time data exchange, predictive maintenance, and more efficient facility management.

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Several market players operating in the Africa construction industry include Group Five, Aveng Group, WBHO (Wilson Bayly Holmes-Ovcon), China State Construction Engineering Corporation (CSCEC), Arab Contractors (Osman Ahmed Osman and Co.), Sogea-Satom (Vinci Construction), Julius Berger Nigeria Plc, China Railway Construction Corporation (CRCC), Stefanutti Stocks, Mota-Engil, VINCI Construction, Bouygues Construction SA, Orascom Construction PLC, Hassan Allam Construction, and The Arab Contractors (Osman Ahmed Osman and Co.), and others.

Key Insights from the Africa Construction Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the Africa construction market trends is provided in the report.
• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.
• The market share of players in the Africa construction market is provided in the report along with their competitive analysis.